Here’s what you need to know about the latest housing market news.
What’s happening in our housing market? The truth is that there are two answers to this question: One for the national market, and one for our local market. Today, I’m breaking down the full picture of our local market and where it sits in the broader context of our national housing scene. As you’ll see, just because one thing is happening nationally doesn’t mean that’s what’s happening in our area.
You can listen to my full explanation in the video above or skip to each topic using the timestamps provided:
0:00 — Introduction
0:15 — Our national housing market is heating up
0:52 — National housing inventory
1:34 — Omaha’s new-construction market is very strong right now
2:35 — Omaha’s average days on market is increasing, but it’s still low
3:56 — The average sales price in our market
4:31 — Housing supply in Omaha
4:51 — New listings are down and supply is scarce
5:38 — Wrapping up
If you have questions about this market or anything else, please call or email me. I am always willing to help!
